Investing in Gold Coins Today
The need of the hour is for smart investments and when it comes to choosing the right vehicle, investing in gold will always top the list. One of the common choices is to own it in coin form. This is ideal for small investors and they can start out with buying smaller coins like the 1/10 oz American Eagle. Its small size is what lends it liquidity and even a modest investor can put some away without stressing his finances too much.
Gold coins are an excellent hedge against inflation and much better than ETF's, equities, certificates or futures. The yellow metal always holds its value regardless of the economic landscape that exists around it and it never gets shaken by the volatility of the stock market. The important thing to remember while investing in gold coins is to buy them from official coin dealers. That is a sure-shot way of being assured that you are acquiring the real thing.
The Cloak of Safety
Gold is definitely a safe haven especially in the current market where many investors are worried about that fiat currencies might eventually collapse. But gold will continue to be a wealth asset that they can bank on, come what may. But 1oz gold coins are not divisible, which means that you might have to make much smaller buys and fractional coins are a better option. Most of the dominant gold bullion coins such as the Gold Maple Leafs, Philharmonics, Gold Eagles and the Krugerrands, are available in the smaller denominations of 1/2oz, 1/4oz and 1/10oz as well as 1/20oz.
Gold is definitely a safe haven especially in the current market where many investors are worried about that fiat currencies might eventually collapse. But gold will continue to be a wealth asset that they can bank on, come what may. But 1oz gold coins are not divisible, which means that you might have to make much smaller buys and fractional coins are a better option. Most of the dominant gold bullion coins such as the Gold Maple Leafs, Philharmonics, Gold Eagles and the Krugerrands, are available in the smaller denominations of 1/2oz, 1/4oz and 1/10oz as well as 1/20oz.
Types of Gold Coins
When you invest in these fractional gold coins, your wealth also gets divided into much smaller denominations. In the event of a crisis situation, these smaller coins can be liquidated to meet your requirements. The United States Mint has been producing bullion coins made of gold, silver & platinum since 1986 and the precious metal content is guaranteed. There are 2 types of gold coins in production:
When you invest in these fractional gold coins, your wealth also gets divided into much smaller denominations. In the event of a crisis situation, these smaller coins can be liquidated to meet your requirements. The United States Mint has been producing bullion coins made of gold, silver & platinum since 1986 and the precious metal content is guaranteed. There are 2 types of gold coins in production:
• Proof Bullion Coins - These are minted especially for collectors and typically, the Mint will sell these directly, in a protective display-case.
• Uncirculated Bullion Coins - These are minted largely for investment purposes and then sold-off to a few chosen authorized buyers. This sale takes place on the basis of the spot price/ current market price of gold, plus the small premium that the Mint charges.
A Word of Advice
Gold coins are minted by many countries. However, their quality might not be on par with that which the U.S. Mint produces and they are not guaranteed by the American government either. The coins that you should be cold-shouldering altogether are the ones that are sold by companies that tend to advertise on TV. These companies use very clever marketing tactics and attract beginning investors into buying gold coins on an impulse. When your money is at stake, make the right choice and play it safe. Invest in completely guaranteed U.S. Mint gold coins.
Gold coins are minted by many countries. However, their quality might not be on par with that which the U.S. Mint produces and they are not guaranteed by the American government either. The coins that you should be cold-shouldering altogether are the ones that are sold by companies that tend to advertise on TV. These companies use very clever marketing tactics and attract beginning investors into buying gold coins on an impulse. When your money is at stake, make the right choice and play it safe. Invest in completely guaranteed U.S. Mint gold coins.
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